Department of Numbers

Florence South Carolina Household Income

The Census ACS 1-year survey reports that the median household income for the Florence South Carolina metro area was $40,562 in 2017, the latest figures available. Florence median household income is $10,008 lower than the median South Carolina household income and $19,774 less than the US median household income. 2018 metro income data (including Florence median household income) will be released in September of 2019. Median family and per capita income for Florence are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Florence South Carolina

2017 1 Year Change 3 Year Change
US $60,336 +2.51% +8.49%
South Carolina $50,570 +0.01% +7.86%
Florence $40,562 -5.91% -2.50%

Trends in Florence, SC Real Median Household Income since 2005

The current median household income for Florence is $40,562. Real median household income peaked in 2007 at $48,494 and is now $7,932 (16.36%) lower. From a post peak low of $39,382 in 2015, real median household income for Florence has now grown by $1,180 (3.00%).

Real Median Household Income: Florence, South Carolina, National

Historical Inflation Adjusted Median Household Income for Florence

Date US South Carolina Florence
2017 $60,336 $50,570 $40,562
2016 $58,856 $50,566 $43,108
2015 $57,709 $48,876 $39,382
2014 $55,613 $46,887 $41,602
2013 $55,072 $46,548 $40,660
2012 $54,948 $46,108 $40,820
2011 $55,162 $46,277 $43,649
2010 $56,388 $47,342 $42,353
2009 $57,519 $48,609 $43,839
2008 $59,382 $50,932 $45,962
2007 $60,135 $51,352 $48,494
2006 $59,051 $50,092 $46,235

Florence Family Income

The ACS 1-year data shows the median family income for Florence was $51,580 in 2017. Compared to the median South Carolina family income, Florence median family income is $10,852 lower. As with the median household income data, 2018 family income data for Florence will be released in September of 2019.

Show dollars as: Nominal Real

Real Median Family Income for Florence South Carolina

2017 1 Year Change 3 Year Change
US $73,891 +1.79% +8.17%
South Carolina $62,432 -0.68% +6.63%
Florence $51,580 -9.20% -4.68%

Trends in Florence, SC Real Median Family Income since 2005

The current median family income for Florence is $51,580. Real median family income peaked in 2007 at $59,647 and is now $8,067 (13.52%) lower. From a post peak low of $49,675 in 2013, real median family income for Florence has now grown by $1,905 (3.83%).

Real Median Family Income: Florence, South Carolina, National

Historical Inflation Adjusted Median Family Income for Florence

Date US South Carolina Florence
2017 $73,891 $62,432 $51,580
2016 $72,591 $62,859 $56,804
2015 $70,627 $61,338 $52,853
2014 $68,313 $58,550 $54,114
2013 $67,488 $57,639 $49,675
2012 $66,880 $56,437 $50,650
2011 $67,126 $57,061 $53,303
2010 $68,289 $58,256 $49,868
2009 $69,958 $60,021 $56,818
2008 $72,321 $63,531 $52,999
2007 $72,500 $62,710 $59,647
2006 $71,330 $61,346 $55,177

Florence Per Capita Income

The ACS 1-year survey shows the per capita income for Florence was $23,419 in 2017. Compared to the median South Carolina per capita income, Florence median per capita income is $4,490 lower. As with the median household and median family income numbers above, 2018 per capita income data for Florence will be released in September of 2019.

Show dollars as: Nominal Real

Real Per Capita Income for Florence South Carolina

2017 1 Year Change 3 Year Change
US $32,397 +1.88% +8.20%
South Carolina $27,909 +1.13% +9.48%
Florence $23,419 -0.77% +6.17%

Trends in Florence, SC Real Per Capita Income since 2005

The current per capita income for Florence is $23,419. Real per capita income peaked in 2007 at $25,202 and is now $1,783 (7.07%) lower. From a post peak low of $22,057 in 2014, real per capita income for Florence has now grown by $1,362 (6.17%).

Real Per Capita Income: Florence, South Carolina, National

Historical Real Per Capita Income for Florence

Date US South Carolina Florence
2017 $32,397 $27,909 $23,419
2016 $31,798 $27,597 $23,601
2015 $31,019 $26,516 $23,610
2014 $29,942 $25,493 $22,057
2013 $29,706 $24,966 $22,070
2012 $29,221 $25,025 $22,480
2011 $29,173 $24,683 $22,730
2010 $29,361 $24,932 $22,574
2009 $30,246 $25,780 $23,541
2008 $31,488 $27,051 $24,274
2007 $31,629 $27,421 $25,202
2006 $30,795 $26,661 $23,376